AICPIN FOR THE MONTH OF MAY 2014-EXPECTED DEARNESS ALLOWANCE (DA) FROM THE MONTH OF JULY 2014

No. 5/1/2014- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: the 30th June, 2014

Press Release

Consumer Price Index for Industrial Workers (CPHW) - May, 2014



The A1l-India CP1-IW for May, 2014 increased by 2 points and pegged at 244 (two hundred and forty four). On 1-month percentage change, it increased by 0.83 per cent between April, 2014 and May, 2014 when compared with the rise of 0.88 per cent between the same two months a year ago.



The largest upward pressure to the change in current index came from Food group contributing 1.65 percentage points to the total change. At item level, Rice, Coconut Oil, Fish Fresh, Poultry, Milk, Onion, Vegetables & Fruits, Sugar, Cigarette, Electricity Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Petrol putting downward pressure on the index.



The year-on-year inflation measured by monthly CPHW stood at 7.02 per cent for May, 2014 as compared to 7.08 per cent for the previous month and 10.68 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.66 per cent against 7.76 per cent of the previous month and 13.24 per cent during the corresponding month of the previous year.



At centre level, Coimbatore recorded the maximum increase of 9 points followed by Bhavnagar (7 points) and Amritsar, Mercara and Tiruchirapally (6 points each). Among others, 5 points rise was registered in 7 centres, 4 points in 1 1 centres, 3 points in 13 centres, 2 points in 1 1 centres and 1 point in 10 centres. On the contrary, a decline of 5 points was reported in Giridih, 4 points in Chhindwara, 3 points in 2 centres, 2 points in 1 centre and 1 point in 7 centres. Indices of remaining 9 centres observed no change.



The indices of 35 centres are above and other 41 centres are below national average. The index of Vishakhapathnam and Chandigarh is at par with all-India index.



The next index of CPHW for the month of June, 2014 will be released on Thursday, 31 July, 2014. The same will also be available on the office website www. labourbureau.gov.in.

(S.S. NEGI)

DIRECTOR

Source: http://labourbureau.gov.in/Press_IW_MAY2014.pdf